Top Penny Stocks List and Weekly Update: Key Takeaways
- In August trading you have to adjust expectations — see my Top Tested Trading Tip below.
- The market loves a penny stock PR machine (see featured stock #1).
- When a promoter tweets “The best thing around, not pumper crap…” it’s probably pumper crap. (See featured stock #2.)
This week’s featured stocks are all OTCs. The beautiful thing is that even though it’s August, my favorite patterns are still playing out. Let’s do this…
- Therapeutic Solutions International Inc. (OTCPK: TSOI … read my analysis here)
- Regen Biopharma Inc. (OTCPK: RGBP … read my analysis here)
- NaturalShrimp Inc. (OTCQB: SHMP … read my analysis here)
What Are My Favorite Patterns? Level Up in 30 Days
Top Penny Stocks List: August 23, 2021
OTCs are hot again, but not so hot they’re worth chasing. As usual, my main focus is potential dip buys into big intraday panics.
These are the OTCs I’m watching this week…
And here are the listed stocks I’m watching…
3 Penny Stocks to Watch This Week
Even though panic dip buys are my main focus, I did hold this week’s first featured stock overnight. See the Trade Review for a deeper dive…
Top Penny Stocks List #1: Therapeutic Solutions International Inc. (OTCPK: TSOI)
Therapeutic Solutions International develops immune-modulation agents to treat specific diseases.
On August 5, the company announced its JadiCell COVID-19 treatment received clearance for Phase III trials. A regular flow of press releases since then helped the stock hold its gains and breakout.
Most recently…
On August 19, it announced a new board member to “accelerate value optimization” of the JadiCell trial. And on August 20, it announced Dr. Peter Farrell, founder and chairman of ResMed Inc. (NYSE: RMD), as an Advisory Board member for its spin-off, Campbell Neurosciences.
Campbell Neurosciences was formerly a division of Therapeutic Solutions. Even though they’re separate companies now, Therapeutic Solutions issued the press release. The market liked the news. Gotta love penny stocks.
Here’s the TSOI one-year chart…
TSOI has a way to go to reach its 52-week high of 17 cents per share. But it is a multi-day runner with better than average volume. I’ll watch for potential dip buys into any big panic. Again, see the trade review below for details of my TSOI trade.
Top Penny Stocks List #2: Regen Biopharma Inc. (OTCPK: RGBP)
Regen Biopharma is a biotech company focused on immunology and immunotherapy. Like so many OTCs, the company is scrambling to regain ‘Current Pink’ status. To the company’s credit, it has submitted a steady stream of 10-Qs in recent weeks.
RGBP has a ton of Twitter promoters filling their feeds with the usual BS…
“Important to stress WHEN pink current hits that you still Do NOT SELL!! Whatever it hits will still be a small fraction of what it will be when we sell the company!!! Pennys suck, dollars rule! $RGBP $RGBPP”
Um … NO! Sell into strength. NEVER hold and hope. Here’s my personal favorite straight from the account of a blatant Twitter promoter…
“$RGBP THE BEST THING AROUND, NOT PUMPER CRAP EASILY WILL BE OVER .10 WITH A BILLION VOLUME ON FILINGS!”
WARNING: Do NOT believe the hype. I don’t know what will happen with RGBP. You don’t either. And the promoters? They want ONE thing only … to lure in newbies so they can sell into the buying. That’s it.
Here’s the RGBP one-year chart…
RGBP had a multi-week, multi-month breakout last week. It’s not worth chasing, but I’ll watch for potential dip buys into any intraday panics. The higher the promoters get it first, the better. I last traded RGBP in early July. You can see details of my RGBP trades here.*
Top Penny Stocks List #3: NaturalShrimp Inc. (OTCQB: SHMP)
NaturalShrimp Inc. is an indoor shrimp farming company. It uses patented and proprietary tech that’s supposed to be environmentally friendly.
SHMP is a former supernova with a history of multi-day and multi-week runs. On August 18, the company filed its 10-Q quarterly report. The following day, it filed this 8-K linking its investor presentation.
Here’s the SHMP one-year chart…
As you can see, the stock had a solid 89% move in two days. On Friday it had a small panic and bounce, then a double bottom, before bouncing to largely hold its recent gains. I’m watching for potential dip buys into any big panic. But I’d love to see it run for several days as it has in the past.
Trading Mentor
A lot of people who started in 2020 or early 2021 are saying, “I was making so much money … now I’m not. What’s going on?”
2020 was an outlier year. Stimulus checks and lockdowns created a crazy market environment. But August is usually very slow. And last week was more like what I’d expect from August.
Remember, it’s not just you. A lot of experienced traders either aren’t trading, or they’re struggling. That’s seasonality.
I made $370 this week, my worst trading week of the year, or even 2 years, but I also had THE BEST time with 6 of my newest millionaire https://t.co/occ8wKmlgm students & we filmed some truly CLASSIC video lessons, retweet this if you want us to post them…have a great weekend! pic.twitter.com/Ia9ZXZ588y
— Timothy Sykes (@timothysykes) August 20, 2021
There’s a reason why I was in Italy with six millionaire students. And I already booked a villa for next August, too. August is the one month when most traders leave for vacation. Sure, they check in on the markets, but they don’t look to trade.
Trade Review
Last week was challenging. My students hanging out with me didn’t trade much. So you might wonder, why trade at all?
Practice and learning. Every trade is a learning experience. It’s like probing the market to see how things are trading. This trade turned out to be a solid OTC first green day…
Instead of reviewing one trade this week, here are my stats…
Therapeutic Solutions International (OTCPK: TSOI)
TSOI spiked after the August 5 news mentioned above. After a couple of days of choppy trading at the open, TSOI consolidated for several days. Early last week, it was choppy again.
Check out the TSOI 15-day chart…
On Thursday, the intraday price action was beautiful — gradually uptrending all day. I couldn’t resist the setup.
Here’s the TSOI chart from August 19–20 showing my entry and exit…
I sold into the Friday morning gap up and spike. It was a decent overnight gain and I was happy to play it safe for a $641 profit.*
As so often happens, I sold WAY too soon. Mike “Huddie” Hudson did much better*…
Give @MikeHuddie props on his $15,000+ in profits on $TSOI from here in Italy as he had more patience than anyoneeeeeeeee (I sold too early in the .09s LOL) pic.twitter.com/MYhjstUtnS
— Timothy Sykes (@timothysykes) August 20, 2021
Huddie was more patient than me. (Be sure to congratulate him.) For me, I’m very conservative in August. With that in mind, here’s a tip for August trading…
This Week’s Top Tested Trading Tip
With the exception of outlier years like 2020, do THIS every August to avoid frustration…
Modulate, tone everything down, and adjust your expectations. The best case right now is either trade small or don’t trade. If you trade normal size, expect disappointment. Expect frustration.
Watch for potential plays, but don’t expect anything huge. That aligns well with a general rule I practice and teach…
Know Yourself, Know the Market, Wait for the Right Plays
Let’s apply this to my TSOI trade…
Know yourself. TSOI fit two of my favorite patterns — the OTC first green day and multi-day breakout. And I knew I could be there for the market open on Friday. So it worked for both my trading style and personal schedule. Also, my focus was more on practice last week than trying to get big wins.
Know the market environment. Again, this is August trading. My position was small — I put roughly $7,481 into the trade. On Thursday, the total dollar volume traded was $3.55 million. The volume was 43.61 million shares. So my 85,500 shares accounted for less than 0.2% of the daily volume.
Wait for the right plays. TSOI fit my OTC first green day pattern almost to a T. The percent gain on the day wasn’t huge. But it was also a multi-day breakout going into Friday trading. When multiple indicators line up, I’m OK with being a little speculative. And my goal wasn’t huge.
Let’s wrap this up with…
Monday Motivation
We are one people on one planet. I know some people disagree with this — I get some pretty crazy comments on my charity social media posts.
People say, “Why are you raising money for people in other countries? There are people suffering here!”
Others say, “Why don’t you just shut up and donate? Why do you have to brag about it? That’s virtue signaling!”
Those questions/comments are so common now that any bit of research would clear it up for the idiots who ask. But just in case…
Karmagawa supports several charities in the U.S., too. Stop complaining and help. Do something to be part of the solution instead of whining.
And … the reason I share on social media is to help make people aware. Social media has helped us to raise millions for people and animals in need. So, before you go making stupid comments, think about the people/animals we’ve helped.
Do you think they actually care whether it’s virtue signaling? No. They care about the food and medicine they receive. They care about the new school that opens the world to them.
So I’ll continue to ignore the naysayers and haters. For the rest of you, it’s time to come together and help…
New Karmagawa Fundraiser to Help the Afghan People
The crisis at the Kabul airport, and Afghanistan as a whole, is worsening by the day. I know it’s all over the news, so you already know about it.
In the past, issues like this often left me feeling powerless. But now, thanks to new technology and social media, we can impact people’s lives halfway across the world.
Karmagawa is proud to announce a new fundraiser. All funds will be donated to Partners Relief & Development and Save the Children. Both charities have people working around the clock to help.
**Donate To Karmagawa’s Fundraiser to Help the Afghan People**
Trading Education
Want to know the best thing about August trading? You have more time to study. So use it. Yes, keep watching the market and stocks on your watchlist. But also use the time to go deeper. These trading education resources should help…
If you’re brand new to penny stocks, start with my FREE penny stock guide.
Get my best-selling book “An American Hedge Fund” here at no cost. (To learn how I made $123,000 from my dorm room freshman year of college — see pg. 85.*)
For the basics of my strategies, read “The Complete Penny Stock Course.” Some of my top students have dog-eared copies on their bedside tables…
All my top students are members of the Trading Challenge. Some people aren’t ready. (And that’s OK.) But if you are ready to commit to the Trading Challenge, apply today. You’ll have to study hard, it’s not easy. If you think you have what it takes…
**Apply for the Trading Challenge Today**
Trading Challenge students also get access to my daily watchlists. All successful traders make their own watchlists. Studying mine (and those of other successful traders) is a good start, but you need to learn…
How to Create Your Own Penny Stock List
Answers to watchlist FAQs…
How Can You Create Your Own Watchlist?
To start, look for big percent gainers. For two decades, big percent gains have been my #1 criteria. After that, I look at trading volume and a catalyst or reason behind the price action. Read “Stock Watchlist Guide: Tips & Examples to Develop Your Own” for details about the entire process.
Should I Create a Watchlist Every Day?
All serious traders create a daily watchlist. If you’re serious about trading penny stocks, making a daily watchlist is essential.
Does Tim Sykes Provide a NO-COST Watchlist?
Yes. Subscribe to my weekly penny stock watchlists below.
How to Use the Top Penny Stocks List Weekly Update
When you read the weekly penny stock list (and the monthly watchlist), don’t think of them as hot picks. Frankly, sometimes they’ll be duds. That’s why it’s called a watchlist. Welcome to penny stocks.
👉🏼 SUBSCRIBE to my NO-COST weekly stock watchlist here.
It all starts with looking for big percent gainers. Try to figure out why I’ve put the stocks on my list. Study so you can help yourself become a self-sufficient trader. Only fools chase hot picks.
What do you think about this penny stocks list and weekly update? Comment below, I love to hear from all my readers!
Disclaimer
*While Tim Sykes has enjoyed remarkable success trading stocks over the years, his primary income derives from the sale of financial education products and subscription services offered by various businesses and websites in which he has an ownership stake.
The level of successful trading depicted in this article is not typical and does not reflect the experience of the majority of individuals using the services and products offered on this website. From January 1, 2020, to December 31, 2020, typical users of the products and services offered by this website reported earning, on average, an estimated $49.91 in profit. This figure is taken from tracking user accounts on Profit.ly, a trading community platform. Timothy Sykes has a minority shareholder interest in the platform. I’ve also hired Mike “Huddie” Hudson, Jack Kellogg, Matt Monaco, Mariana, Roland, and Kyle to help in my education business.
**Tim has a minority ownership stake in StocksToTrade.com.
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